A Structured Approach to Strategic Planning
The SOSTAC ® Planning Framework provides a structured and effective approach to strategic
planning. It can be used by managers in the private, public and non-profit sectors.
(It can also be used on a personal level for career planning or life coaching.)
S = Situation Analysis. Where are we now? What is the external environment in which we are
operating? What are our own strengths and weaknesses?
O = Objectives. Where do we want to get to? What is our goal?
S = Strategies. How do we get there? What do we need to do to be successful?
T = Tactics. What are the individual steps we need to take to achieve our objective?
A = Actions. What are the things we need to do? What is our 'to-do' list? Who will do what?
C = Control. What will we measure to know we are succeeding? How will we know when we have arrived?
For more information on SOSTAC ® Planning
click http://www.prsmith.org
Note: This web page is not intended to provide comprehensive coverage of the subject, merely a brief introduction to provoke thought and to lead to a more in depth understanding and application of the topic, either through further reading - or from me as your management consultant, executive trainer or personal coach in a consultancy project, training course, workshop or seminar.